PMBA 5010 - Quantitative Methods for Business

(3) Credit Hours

The course presents various quantitative techniques and concepts and their applications for managerial decision-making. Computer based quantitative methods and the application of the insights gained through such quantitative analyses for developing effective business decisions will be integrated into every aspect of the course. Topics addressed include descriptive statistics, organizing and summarizing data, graphical and tabular presentation of data using spreadsheets, probability theory and sampling distributions integrated with analysis of data, inferential statistics, estimation and hypothesis testing for one and more than one population, analysis of variance (ANOVA), regression and correlation analysis, and introduction to forecasting and quality control. Excel will be used as a primary tool for data analysis throughout the course. Open to PMBA majors only.Credit not allowed in both EMBA 6010 and PMBA 5010. Credit allowed in both PMBA 5010 and MGT 5710 only with special approval of the department head. Differential Course Fee will be assessed. Business Graduate Course Fee will be assessed. Standard letter grade.